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Showing posts from September, 2022

The Flow of Akash Tokens and Reward Mechanism

In this article, we will examine how Akash tokens flow from one participant to another and, by doing so, understand the reward mechanism of Akash better. What is Akash? Akash ( https://akash.network/ ) is a marketplace for software developers to buy computing resources from providers so that developers can run their software. To explain that better, we can look at how software developers rent computers today and how that differs from renting computers in Akash. When software developers want to run their software, they could buy or rent computers from cloud providers. Typically, they research the pricing and services cloud providers provide and go to the cloud provider website (such as Digital Ocean and Amazon Web Service) to rent the computers. The experience differs when software developers run their software on the Akash network. To run on Akash, software developers need to specify what they want to run and how many computing resources they need (using a " Stack Definition La

How much revenue should Flux grow every week to achieve the projected revenue?

What is Flux? Flux is decentralized cloud infrastructure. In the centralized world, the equivalents of Flux are Amazon Web Service, Microsoft Azure, and Google Cloud Platform. When a software developer wants to host and run their software, they could buy FLUX tokens and use the tokens to rent computing power from Flux. Unlike centralized cloud infrastructure, the computing resources that are provided by Flux are not actually provided by the team/company that invented Flux. Instead, computing resources are provided by Flux node operators, and anyone in this world can be a Flux node operator as long as they have the necessary computing resources. Week-over-week Revenue Growth In my previous post , I have mentioned that Flux projected to earn 300,000 FLUX / month, which translated to 16,772% revenue growth in the next five years, or 278% annualized. So how much does it needs to grow per week to achieve the projected revenue? That can be figured out by doing some math: (52 weeks * 5 years)